The Style Box group owner of the Italian denim label Replay, reported
a considerable revenues growth in fiscal 2017 over the previous year,
reports Modaes.es. The company’s turnover for the year reached 230 million
euros (281.5 million dollars) compared to 203 million euros (248.4 million
dollars) in 2016, while EBITDA was 18 million euros (22 million
dollars).

This year, the company targets to achieve a turnover of 245 million
euros (299.8 million dollars). By region, north Europe is the leading
market for the company, followed by Japan and Latin America. The company
said, revenue increase was driven by its international business, which
already contributes 85 percent to the total turnover.

Last year, Replay expanded its retail presence in a number of Latin
American countries and added stores in Colombia, Paraguay and Brazil. The
Style Box group operates 14 standalone stores in Japan and opened its
first store in the Ukraine in 2017 along with three new stores in Brazil.
Now the company plans to open fourth Brazil store and a store in Macedonia
this year.